Monroe prints second middle market CLO of the year
Monroe Capital Partners priced its first middle market CLO since February on Tuesday, and the largest middle market CLO in four months

Empower and Muzinich become US CLO market's first debut managers in six months
Empower Capital Management and Muzinich & Co became the US CLO market's first debut managers since February by printing their inaugural deals on Friday

PennantPark grows mid market CLO volume to $1.5 billion with fifth deal
PennantPark has priced its fifth middle market CLO, growing its total CLO issuance volume to $1.5 billion since making its 2019 debut

US insurers’ CLO exposure jumped 12% in 2021 amid widening investor base: NAIC
US insurers’ CLO exposure increased by around 12% to $216.3 billion in book / adjusted carrying value by the end of 2021, up from about $192.9 billion the year before, according to an annual report by the National Association of Insurance Commissioners

Trimaran comes at wider end with first CLO of year
Trimaran Advisors on Tuesday priced its first CLO of 2022

Elmwood becomes second largest US CLO issuer of 2022 with eighth deal
Elmwood Asset Management priced its eighth US CLO of the year on Monday, overtaking Palmer Square Capital Management to become the second-largest US CLO issuer of the year by volume

AGL stands alone with 190bp CLO triple As attaching at 37% in new issue
AGL Credit Management priced a new US CLO on Friday via BNP Paribas, scoring a market-tight triple A print of 190 basis points over Sofr - without the benefit of a junior triple A tranche

US CLO pipeline: new faces appear amid tightening price guidance
After many months, the US CLO pipeline is bursting with new life as two debutants market their inaugural deals – Empower’s Empower 2022-1 and Muzinich’s 1988 CLO 1 

CLO debutants storm into US for first time since February as two managers market deals
The theme of first-time managers entering the US CLO market is set for a comeback, with Empower Capital Management and Muzinich marketing debut new issue transactions

Fortress goes short with new three-year reinvestment CLO
Fortress Investment Group priced a new CLO via Natixis on Thursday, opting for a short three-year reinvestment period

Large insurer set to navigate into US CLO management
A large insurer has taken out its compass, which is pointing straight to a debut US CLO 

Three control CLO equity positions hit market with another to follow
Three anchor US CLO equity positions were listed on the secondary market yesterday in what was a busy day for investors

BofA prices CLOs for CarVal and Voya
Bank of America's CLO issuance volumes have passed $1 billion for the week after new deals for Voya Investment Management and CarVal CLO Management on Tuesday

Senior triple As hold steady at 190bp as Morgan Stanley Eaton Vance prices CLO
190 basis points remained the new benchmark spread for senior triple A CLOs on Friday after Morgan Stanley Eaton Vance became the third manager to place its first pay notes at the level

190bp emerges as senior triple A benchmark as Octagon prints new CLO
Octagon Credit Investors priced a new CLO via Nomura on Thursday, placing its senior triple A notes at the market tights of 190 basis points over Sofr

Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C.  

CLO senior triple As stay inside 200bp as Invesco prints US new issue
Invesco priced a new CLO on Tuesday with the deal's senior triple A notes yielding Sofr plus 199 basis points

Mid market CLO league tables: Natixis extends lead with two new issues but SocGen stays close
Of the three mid market CLO new issues that priced in August, market leader Natixis arranged two of them to put some breathing room between it and its nearest rivals

US CLO league tables: BofA holds off Citi for another month
$6.4 billion of US CLO new issues priced in August, down $11.2 billion from August last year but $1.1 billion more than August 2019

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

New Barings CLO scores first sub-200bp triple A print since July
Barings broke the US CLO market's issuance drought on Thursday, pricing the first primary transaction of the week and scoring the tightest debt execution since July in the process

Capital Four prices triple As at 225bp in second US CLO
Capital Four Management on Friday priced its second US CLO, bringing its volume of US deals under management to over $800 million following its 2021 debut in the market

US CLO pipeline: Dispersion comes to fore, while Capital Four goes static
The CLO market is heating up once again after the summer lull and pricing has tightened, with at least three US CLO managers looking to match or even best Palmer Square Capital Management’s triple A print of 200 basis points

CQS partnership with Jefferies produces second US CLO
CQS Management has released details of its second US CLO since entering the market last year

US CLO spreads tighten as Palmer Square sets benchmark
Palmer Square Capital Management priced a new CLO via Bank of America on Tuesday, scoring the market's tightest debt execution in over a month